Is Indian Springs, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Indian Springs is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Indian Springs has remained a Seller's Market.

Key Takeaway

Indian Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Indian Springs, TX

How much do homes in Indian Springs, TX cost?

Median Sold Price

$592,100

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$32,900(-5.3%)

Key Takeaway

Homes in Indian Springs have sold for 5.3% less than they did a year ago.

Summary: The median home sold price in Indian Springs was $592,100 in October 2024, down 5.3% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $295K$290K
-1.7%
3 $420K$380K
-9.5%
4 $575K$615K
+7.0%
5+ $1.1M$1.2M
+11.3%

Summary: Indian Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 11.3%.

Median Sold Price Compared To Nearby Neighborhoods

The Woodlands
+6.4%
Sterling Ridge
+4.8%
Creekside Park
+4.7%
Indian Springs
-5.3%

Housing Supply in Indian Springs, TX

How many homes are available in Indian Springs, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2326+13.0%

Summary: The Indian Springs real estate market had 26 homes for sale in October 2024, a 13.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 87
-12.5%
4 1113
+18.2%
5+ 46
+50.0%

Summary: The Indian Springs housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Indian Springs, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Indian Springs in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Indian Springs, TX

How long does it take to sell a home in Indian Springs, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days23 Days+17.9%

Summary: Homes in Indian Springs had an average of 23 days on market in Oct 2024, up by 17.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Indian Springs are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Indian Springs; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Indian Springs, TX

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